Senior Costing Specialist

Senior Costing Specialist

Location: Penang, Malaysia

Responsibilities:

• Maintain and update standard costing for products and manufacturing processes.
• Analyze cost variances (labor, material, overhead) and explain impacts to management.
• Develop and maintain cost models, margin dashboards, and profitability reports.
• Collaborate with Operations, Supply Chain, and Production teams to validate cost assumptions.
• Support cost analysis for product quotations, pricing decisions, and business cases.
• Prepare cost of goods sold (COGS) reports and support inventory valuations.
• Assist in inventory reconciliations and investigate discrepancies when needed.
• Lead annual and periodic physical inventory review and reconciliation with Operations.
• Support FP&A and Finance leadership with cost trend analysis and strategic insights.
• Perform tasks as required to support company operations in line wi...